TD Cowen analyst Andrew Kligerman maintains $Reinsurance Group of America (RGA.US)$ with a hold rating, and maintains the target price at $235.
According to TipRanks data, the analyst has a success rate of 73.8% and a total average return of 18.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Reinsurance Group of America (RGA.US)$'s main analysts recently are as follows:
The outlook for the North American insurance group, encompassing both life and property and casualty insurance, appears robust. In the life insurance sector, there are 'offsetting currents' with positive influences from the equity markets being balanced against the declines in interest rates. It is anticipated that catastrophe-related losses will be slightly above the average, influenced by a series of significant storms in the U.S. For property and casualty insurers, the expectation is that underlying margins will continue to be strong and that any updates in pricing will likely receive a positive reception, even in the property sector, which has shown some concerns regarding a slowdown in pricing acceleration.
The life insurance sector is perceived with mixed sentiments, recognizing that despite robust capital positions and sensible valuations, growth drivers are expected to decelerate, suggesting that a selective approach will be essential for investors aiming for success in this space going forward.
Note:
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